5 minutes on Google reveals Mr Caner cooperated fully and was cleared of all charges? |
DD? 5 minutes on Google was clearly beyond them. |
Stuart Pearson the CEO was jailed for a year. Rybak, one of the initiators of the fraud, paid a £30mn fine to avoid jail. Other guilty parties escaped scot free. The analogy concerns the quality of due diligence - in this case wrt Caner’s wealth. |
Like me westway, you will not get your money back unless something miraculous happens.
I also lost a packet with two other miners whose BoD`s provided very bullish statements only to be found out at a later time. Needless to say, the sp`s tumbled to almost zero and the stock exchange stopped any further transactions. The Boards of each Company walked away scott free although they had been hiding a lot of information whilst drawing huge salaries. Yhey really should be held accountable at the end of the day. Yhis very rarely happens though. |
Echoes of Mariusz Rybak and Langbar International?? Due diligence in that case turned out to be less than reliable. It’s caveat emptor in this game. |
Is it really possible that the BoD did a deal for $80m without checking that the bond holder actually had the money? In a public company?
In the YouTube video Richard assured us that there is no concern over the bond funds. Is this right or a lie?
I am finding it hard to come to terms with the fact that most of the statements issued by this company over the years have turned out to be unreliable, if not misleading. When I first invested in 2021 (at 68p) it was on the understanding that the company was in the permitting stage and only a year or two away from production with capital costs recouped within 2 years. This has proved not to be the case.
Can I get my money back? |
Shares closing below 10p is not a good sign. Can they recover? Not without some good news coming through the pipe. Such a shame. |
I did say. But Donald said it was a good deal for the company and Caner is a legitimate entrepreneur. LOL
paulscb - 20 May 2024 - 21:12:56 - 11276 of 11970
55 million FREE shares bring forward sold already. Oh dear.
paulscb - 16 May 2024 - 08:49:32 - 11148 of 11970
“NIU Invest SE is wholly owned by Mr Cevdet Caner, an Austrian entrepreneur.� |
We'ii be offered 5p for our holdings |
And on that note, recent survey found that over 40% of Brits thought that if they started training now, in a sport of their choice, they could be part of the Olympic team in 2028!!
There are plenty of takers for people like RW! |
Bukowski "there's more chance of me putting on weight and beating the winner of Tyson Fury v Alexander Usyk and becoming WBC world heavyweight champion next summer"
How do we know that you aren't Anthony Joshua and therefore have a good chance ? |
I notice NIU drip financing another UK listed company https://www.londonstockexchange.com/news-article/CRTM/ps350-000-investment/16661063Again taking large warrant position at a significant discount to share price for funding. I also notice who is on the board therehttps://www.criticalmetals.co.uk/about-us(The the website could do with sorting)Fair to say that we can see who the contact with Mr Caner is...wonder if there is a finders fee? |
It seems unlikely Caner has personal access to the amount of cash promised to PXC over the next few months, hence the delay - nothing to do with the timing of the PFS. So he might have thought he could flip at least some of his interest quickly, and make a turn. Presumably he has struggled to do so. The reason for Wilkins still being unable to disclose all information could be that he knows Caner has a new prospective investor lined up. Although whether Caner can attract blue chip investors seems unlikely to me. All speculation of course, but Caner’s actions aren’t credible unless he has new investors lined up. |
As far as i know a plan of operations was submitted to the BLM in 2021 and rejected as being incomplete.After it is resubmitted the BLM will initiate a enviromental review.To suggest pxc will have a operating mine let alone be mining underground beneath the open pit next year is optomistic to say the least.GLA |
 Within 6 weeks we should know if the promised funding is going to emerge in line with the legal obligation..if that hurdle is crossed..then there are many others to overcome. I just wanted to know how the CFO thought they could be producing from the underground mine by middle of next year when there is not a clear line of sight to producing from the oxides yet it seems to me.I'm sure it will all become very clear once they are no longer in "the close period" ...which they are not in anyway since they have reported the results. They may be restricted because they have deemed themselves inside on something else potentially price sensitive but that should only be the situation when there is a high degree of certainty in whatever it is transpiring. If they are just using terminology inappropriately to create a smoke screen and dangle another carrot i guess again we find out pretty soon..they cannot be restricted indefinitely.Once again if the CFO is talking of being able to add sulphides to the oxides in production by middle of next year why in Gods name would they want to be getting sidetracked and distracted by doing anything else right now rather than cracking on as they say they want to do with getting Empire into production. |
I'm a big boy bumpa, but eyebrows raised at the distort bit |
The Dan McCrum book on Wirecard is a great read ..it also shows how long things can be drawn out when the narrative seriously doesn't add up. Just keep on saying everything is great and dangling more carrots to keep investors happy and keeping the plates spinning.Many just want to believe everything is fine and they will make huge returns but don't ask questions and just shout down others that do.Maybe all the funding comes through here , maybe all the permits land shortly , maybe everything goes to plan ..but on the company's track record maybe it just doesn't. Time will tell. |
Very much echoing ..https://youtu.be/sEoIuqS6CNU?si=IrETsHplwRBKXMop |
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